Why Tax Time Is the Ideal Time to Restock Your Inventory
Tax time in Australia isn't just about balancing your books — it’s also a strategic buying window for retailers and wholesalers. As tax returns begin hitting bank accounts across the country, both consumers and businesses experience a surplus of cash — and for smart retailers, that’s a signal to get ready for what comes next.
If you operate a store that sells smoking accessories, dabbing tools, or functional glassware, July to August is the ideal time to restock your inventory. This period bridges the gap between EOFY and Q1, giving you a chance to:
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Purchase products at current prices before supply chain congestion
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Prepare for Black Friday, Christmas, and year-end demand
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Benefit from wholesale discounts and bulk order incentives
Why July & August Are the Best Times to Restock Inventory
1. Consumers Have More to Spend After Tax Returns
Many Australians receive their tax returns between late June and early August. This increase in available funds often leads to:
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More discretionary spending on lifestyle and novelty products
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Early holiday shopping behaviour
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A spike in orders for premium accessories and tools
Restocking before this surge ensures you can meet demand and avoid stock-outs during the early part of the buying cycle.
2. Plan Now for Black Friday, Christmas and Year-end Sales
The busiest retail months of the year — October through December — often strain logistics networks and push up costs. Retailers who wait until Q3 or Q4 to order risk:
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Delayed restocks
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Increased wholesale pricing
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Missed high-margin sales
By using July as your Q1/Q2 restock period, you benefit from better pricing, more availability, and stronger seasonal planning.
3. Top Product Categories to Restock During Tax Season
At GreenMart, we’ve identified the product lines that perform best between tax time and Christmas. These are the must-stock items:
A. Bongs and Glassware
Glass products move quickly in-store when displayed effectively. Stock up now and allocate time for cleaning, labelling, and merchandising.
B. Rolling Papers
Rolling papers are low-risk, high-frequency items. Bundling multiple brands or styles can increase average cart size and suit holiday packaging.
C. Rosin Presses
With extraction and self-preparation growing in popularity, desktop rosin presses are seeing strong year-round performance — especially during gifting season.
D. Decarboxylation Machines
Items like the Ardent FX are premium investments for advanced customers. These also make excellent bundled holiday items when paired with accessories.
E. Grinders, Containers, and Accessories
Kaya grinders, trays, airtight jars, and other prep tools are fast-moving and make perfect impulse buys or seasonal gifts. Restocking now lets you offer variety through Q4.
4. Tax Time Inventory Buying Is Business-Smart
Retailers can also use this time to make claimable investments. If you're using your tax return to purchase business-use equipment or resale inventory, those expenses may be deductible in the next financial year. This includes:
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Grinders and rolling accessories
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Preparation equipment like rosin presses or decarb units
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Backroom or in-store retail supplies
Speak with your accountant about how to properly account for July purchases as part of your Q1 and Q2 strategy.
Wholesale Restock Deals at GreenMart
To help our wholesale partners plan ahead, we’ve launched time-limited bulk deals on our most in-demand stock:
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Box of 12 Kaya Grind Tainers – 20% off (Comes with Display Tray)
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Box of 6 Ardent FX – 15% off + Free Freight
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Buy 4 Kaya Rosin Presses – Get a Free Accessories Bundle
Early inventory means early profits. These deals are available until August 08, 2025 — or while stock lasts.
Conclusion: Restocking Now Prepares You for the Year’s Biggest Months
Tax time isn't just about catching up on paperwork — it's about getting ahead of your competitors. Restocking in July sets your store up for success across the busiest retail quarter of the year. With extra cash in circulation and consumers ready to buy, having the right inventory in place is the key to capturing high-margin seasonal sales.